H.I.G. Capital has accomplished a sequence of transactions that underscore its exercise throughout each client and industrial markets. In July 2025, the agency’s progress fairness affiliate introduced the sale of a majority stake in The GLD Store, a jewellery and way of life model, whereas retaining a minority curiosity. Later that month, H.I.G. additionally accomplished the acquisition of Canadian gasoline providers firm 4Refuel in a transaction valued at as much as CAD 400 million.
Client Sector Exit
The GLD Store, based in 2015, has grown right into a outstanding direct-to-consumer model within the jewellery and equipment phase. Below H.I.G.’s possession, the corporate reported greater than 130 p.c income progress and achieved profitability. The bulk stake sale gives liquidity to buyers whereas permitting H.I.G. to keep up a unbroken curiosity within the model’s future progress.
The transaction displays the agency’s ongoing give attention to backing client companies with sturdy digital platforms and scalable product traces. H.I.G. Progress Companions, the agency’s affiliate concentrating on minority and management investments in growth-oriented firms, led the unique funding.
Infrastructure and Power Growth
On July 1, 2025, H.I.G. closed the acquisition of 4Refuel, a Canadian on-site gasoline supply and administration firm, in a deal valued at as much as CAD 400 million. The corporate operates a fleet serving industrial, industrial, and transportation purchasers throughout Canada, offering refueling providers and gasoline administration programs.
The acquisition expands H.I.G.’s presence in infrastructure-related companies and power providers, areas the place the agency has been more and more energetic. The funding thesis facilities on the continued demand for environment friendly gasoline logistics and the corporate’s established place within the Canadian market.
Diversified Exercise
The GLD and 4Refuel transactions spotlight H.I.G.’s skill to deploy capital throughout distinct sectors, from client manufacturers to industrial providers. The agency continues to mix progress fairness investments with bigger platform acquisitions, reflecting a method of diversification throughout industries and geographies.
Headquartered in Miami, H.I.G. Capital manages roughly $70 billion in property. Since its founding in 1993, the agency has invested in additional than 400 firms worldwide. Its present portfolio of over 100 companies generates greater than $53 billion in mixed income.
